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A Tight Morning Ahead Of 20-Year Supply

JGBS

A limited morning for futures saw a retrace from lows after a brief and shallow look below the overnight trough, with the contract last printing -5 ahead of the lunch break. The major benchmarks across the cash JGB curve mostly trade within -/+0.5bp vs. yesterday's closing levels. Local news flow remains light at best. 20-Year JGB supply will headline this afternoon.

MNI London Bureau | +44 0203-865-3809 | anthony.barton@marketnews.com
MNI London Bureau | +44 0203-865-3809 | anthony.barton@marketnews.com

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